Ant Group has finally announced plans for an A+H share IPO. It may become the first real Internet unicorn on the Science and Technology Innovation Board.

Many people are discussing “how many multimillionaires will Ants go public” and “whether Ant’s IPO financing can break the A+H share record”. However, the most concerned about this strange thieves group is the following questions:

1. How does Ant convince the capital market to regard itself as a “financial technology giant” rather than a “financial institution”-the former obviously has a higher valuation.

2. How does Ant launch a counterattack on WeChat at the user level? In the fields of DAU, user duration, and micropayment, it is at a disadvantage, which will determine the long-term development potential.

3. The position of ants in the “Ali Department” map, especially the synergy with local life services (Ele.me, Koubei), and the resulting product iterations.

I hope this video can answer the above questions well.